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via The Block · By The Block Editorial

Iran-linked report says Hormuz Safe bitcoin-settled insurance platform aims to generate $10 billion

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The Block Editorial
(09:27 AM UTC)
1 min read
JM
Reviewed byJames Mitchell
1356 views
0 comments

Iran has launched a digital insurance platform for cargo shipments transiting the Strait of Hormuz and Persian Gulf, with policies settled in bitcoin, according to a report from IRGC-linked Fars News Agency.

The website, called Hormuz Safe, reportedly offers marine coverage for vessels passing through strategic locations and surrounding waterways. An image of the platform shared by the report rea…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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